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$209,000 Coming Soon
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Property Description
Welcome to Parrot Bay! This charming 1-bedroom, 1-bathroom condo offers the perfect coastal getaway or investment opportunity in the heart of Ocean City. Just a short walk to the beach, famous Ocean City Boardwalk, and nearby fishing spots, you'll have everything you need to enjoy the best of coastal living. Inside, you'll find an inviting open layout featuring luxury vinyl plank flooring, recessed lighting, upgraded countertops, stainless steel appliances, and a beautifully updated bathroom with a walk-in shower. Being sold fully furnished, this cozy retreat is ready for you to enjoy from day one! The community features an outdoor pool, convenient parking, and common areas to relax and unwind. The property also includes a private outdoor storage unit, perfect for beach chairs, fishing gear, and other essentials. Whether you're looking for your own beach escape or an income-producing vacation rental, this condo offers a wonderful opportunity to own a little piece of Ocean City!
Full Property Details
Full Property Details for 205 5th St #42
General
- Price: $209,000
- HOA FEE: $309/month
- HOA FEE FREQ.: Quarterly
- Taxes: $1,630 (2026)
- Status: Coming Soon
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2041912
- Updated: 10/8/2026
- Added to Site: 2 day(s) ago
- Expected Market Date: 10/15/2026
Interior
- Interior Features: Bathroom - Walk-In Shower, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Efficiency, Entry Level Bedroom, Recessed Lighting, Upgraded Countertops
- Appliances: Cooktop, Energy Efficient Appliances, Microwave, Refrigerator, Stainless Steel Appliances, Freezer
- Furnished: Yes
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main & Up: 1
Additional Information
- Shared Amenities: Common Grounds, Pool - Outdoor, Security
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: Main Entrance Lock, Smoke Detector
Parking
- Parking Features: Crushed Stone, Permit Included, Private
- Parking Type: Parking Lot, On Street
Location
- Area: Bayside Interior (83)
- Municipality: Ocean City
- County: WORCESTER
- Subdivision: NON DEVELOPMENT
- Building Name: Parrot Bay
- Driving Directions: From Coastal Highway (MD-1), turn west onto 5th Street. Proceed toward the bay to 205 5th Street. Use GPS for precise directions.
- Direction Faces: West
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
Community
- Assoc. Fees Include: Common Area Maintenance, Lawn Maintenance, Parking Fee, Pool(s), Trash
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Cable TV Available, Water Available
Structural Information
- Architectural Style: A-Frame
- Structure Type: Garden 1 - 4 Floors
- Construction: Frame, Stick Built
- Foundation: Crawl Space
- Roof: Architectural Shingle
- Walls/Ceilings: Dry Wall
- Doors: Double Entry
- Entry Floor Number: 3
- Stories Description: Main
- Square Feet: 289
- Sq. Ft. Source: Assessor
- Living Area: 289 Sq. Ft.
- Finished Above Grnd: 289 Sq. Ft.
- Year Built: 1940
- Year Built Source: Assessor
- Property Condition: Excellent
Lot Features
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $723.18
- Condo Fee: $926
- Condo Fee Freq: Quarterly
- Assessment Year: 2026
- City/TownTax: $518
- City/TownTax Freq: Annually
- County Tax: $977
- County Tax Freq: Annually
- Tax w/Assessment: $119,900
- Tax Amount: $1,630
- Tax Year: 2026
- Tax Total Finished Sq. Ft.: 289
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Inclusions: Condo comes fully furnished
- Lot Number: 42
Listed by LPT Realty, LLC, David Francesco Fulton
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Schools
Schools serving 205 5th St #42
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 1.4 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 5.7 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 5.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 205 5th St #42
Date
Details
Price
Change
Source
10/08/2026
Listed
$209,000
34.84%
MLS
2/07/2024
Sold
$155,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 205 5th St #42
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,625
106%
$119,900
22%
2023
$789
—
$98,600
28%
2023
$789
—
$77,300
38%
2023
$789
—
$56,000
—
2021
$791
-1%
$56,000
—
2020
$797
1%
$56,000
—
2019
$791
—
$56,000
—
2018
$791
-1%
$56,000
—
2017
$795
—
$56,000
—
2016
$798
—
$56,000
-5%
2015
$798
—
$59,000
—
2014
$799
—
$59,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 205 5th St #42
205 5th Street #42, Ocean City, MD 21842 (MLS# MDWO2041912) is a Condo property with 1 bedroom and 1 full bathroom. 205 5th Street #42 is currently listed for $209,000 and was received on October 08, 2026. Want to learn more about 205 5th Street #42? Do you have questions about finding other Condo real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.

